§10A-5A-1.05. Governing law.  


Latest version.
  • The law of this state governs:

    (a) the organization and internal affairs of a limited liability company, or series thereof;

    (b) the liability of a member as a member for the debts, obligations, or other liabilities of a limited liability company, or series thereof;

    (c) the authority of the members and agents of a limited liability company, or series thereof; and

    (d) the availability of the assets of a series or the limited liability company for the obligations of another series or the limited liability company.

(Act 2014-144, §1.)